• 16 hours Bezos Is Heading To Space This Sunday
  • 4 days El Salvador’s Surprise Bitcoin Move
  • 7 days Markets Unfazed As Inflation Hits 13-Year High
  • 8 days How the Token Economy is Disrupting Financial Markets
  • 10 days FBI Investigating 100 Types Of Ransomware Attacks
  • 12 days Fed Ends Corporate Credit Emergency Lending Program
  • 14 days AMC Becomes the Latest Winning Meme Stock After GameStop
  • 15 days The Real Reason Your 401k Has Been Lagging
  • 16 days China Lifts Cap On Births, Allows Three Children Per Couple
  • 18 days The Market Is Ripe For Another GameStop Saga
  • 21 days Senate Grills Big Banks Over Pandemic Opportunism
  • 22 days Cannabis Has A Major Cash Problem
  • 23 days Ransomware Netted Criminals $350M In 2020 Alone
  • 24 days Russia Is Taking On Google
  • 25 days Chinese Regulators Deal Another Big Blow To Bitcoin
  • 26 days Ohio Residents Brave Vaccine for Chance To Win $1M
  • 28 days Inflation Is Coming. Are You Prepared?
  • 29 days Travel Might Get Another Supersonic Disruption
  • 30 days The World Is Running Out Of 6 Key Resources
  • 31 days $15/Hour Minimum Wage Might Happen Naturally
Is The Bull Market On Its Last Legs?

Is The Bull Market On Its Last Legs?

This aging bull market may…

Billionaires Are Pushing Art To New Limits

Billionaires Are Pushing Art To New Limits

Welcome to Art Basel: The…

Another Retail Giant Bites The Dust

Another Retail Giant Bites The Dust

Forever 21 filed for Chapter…

Marty Chenard

Marty Chenard

Marty Chenard is an Advanced Stock Market Technical Analyst that has developed his own proprietary analytical tools and stock market models. As a result, he…

Contact Author

  1. Home
  2. Markets
  3. Other

What are the Key Indexes Saying Now?

On the chart posted below ...

The Institutional Index, the SPY, and the NDX./QQQ, were above their horizontal resistance/support lines. (The current down trending on these indexes is not a good thing to see.)

The IWM was below its thick black resistance line. The NYA was below its thick black horizontal resistance line.

Is there a concern now? Institutional Investors don't know "who" will win the Presidential election for sure, so they are keeping their options open.  Institutional Investor hesitation is about what happens after the election.

Institutional Index of Core Holdings, NYA Index, SPX, NDX and IWM Charts

 

Back to homepage

Leave a comment

Leave a comment